Credit Suisse Cuts Japanese Auto Sector to Market Weight; Lowers Rating on TM, HMC & NSANY
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Price: $197.35 +2.66%
Rating Summary:
8 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
8 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Credit Suisse cuts the Japanese Auto Sector to Market Weight and downgrades Toyota (NYSE: TM), Honda (NYSE: HMC) and Nissan (OTC: NSANY) from Outperform to Neutral.
However, shares of all three Japanese automotive stocks are bucking the trend, and are trading higher between 2-4%.
However, shares of all three Japanese automotive stocks are bucking the trend, and are trading higher between 2-4%.
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